CEI: a new indicator measuring City Commercial Credit Risk initiated in China

TL;DR

This paper introduces the China City Commercial Environment Credit Index (CEI), a new metric developed in 2010 to assess regional commercial environments and economic development levels across Chinese cities, supported by statistical analysis.

Contribution

It provides a comprehensive review and validation of the CEI, including an independent cross-check of the 2012 version and analysis of influential factors.

Findings

CEI effectively quantifies regional commercial credit risk.

Significant factors influencing CEI are identified and discussed.

Validation confirms the reliability of the CEI-2012 index.

Abstract

Aiming at quantifying and evaluating the regional commercial environment along with the level of economic development among cities in mainland China, the concept of China City Commercial Environment Credit Index(CEI) was first introduced and established in 2010. In this manuscript, a historical review and detailed introduction of CEI is included, followed by statistical studies. In particular, an independent statistical cross-check for the existing CEI-2012 is performed and significant factors that play the most in influential roles are discussed.